Two Northgate Park office building is just southeast of the other Northgate office buildingA pair of longtime Hixson office buildings are changing hands as the new owners seek to take advantage of the area’s growth.
Northgate Park One and Two, which combined make up just under 100,000 square feet of office space near Northgate Mall, were sold late last month to Northgate Park Properties for about $5 million.
Chattanoogan Ray McDowell, a principal in the buyer’s group that includes Forrest W. and Melissa G. McNair, of Kingsport, Tenn., said the four-story structures are about 80 percent full.
“We believe it’s the best office space in the Hixson area,” McDowell said about the buildings located just off Hixson Pike.
He said the buyers are looking for professionals to lease the remaining space in the buildings, such as medical, financial and legal office users. Also, it could hold corporate training offices, McDowell said.